Devon Energy (DVN) Tax Rate (2009 - 2026)
Devon Energy (DVN) posted quarterly Tax Rate of 671.43% for Q1 2026, down 69905.0% year-over-year from N/an in Q1 2025, and down 2406.91% quarter-over-quarter from 26.78% in Q4 2025.
Devon Energy (DVN) Tax Rate (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Tax Rate for 18 consecutive years, with 671.43% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 69905.0% year-over-year to 671.43%; the TTM figure through Mar 2026 stood at 2.88% (up 357.0% YoY), while the FY2025 annual figure was 3.49%, changed N/A from the prior year.
- Tax Rate declined to 671.43% in Q1 2026 per DVN's latest filing, from 26.78% in the prior quarter.
- Across five years, Tax Rate topped out at 28.52% in Q3 2025 and bottomed at 671.43% in Q1 2026.
- Historically, Tax Rate has averaged 34.08% across 5 years, with a median of 14.04% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 76684 bps — and 2025, when it soared 4963 bps.
- Devon Energy's Tax Rate stood at 22.47% in 2022, then slumped by 277 bps to 39.88% in 2023, then tumbled by 92 bps to 76.41% in 2024, then surged by 65 bps to 26.78% in 2025, then tumbled by 2407 bps to 671.43% in 2026.
- Business Quant data shows DVN's Tax Rate at 671.43% in Q1 2026, 26.78% in Q4 2025, and 28.52% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 18.22% |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 22.15% |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 22.01% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 22.36% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 23.37% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 23.18% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 20.53% |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 22.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.91% |
| Jun 30, 2026 | 20.91% |
| Jun 30, 2026 | 20.91% |
| Mar 31, 2026 | -671.43% |
| Mar 31, 2026 | -671.43% |
| Mar 31, 2026 | -671.43% |
| Dec 31, 2025 | -26.78% |
| Dec 31, 2025 | -26.78% |
| Dec 31, 2025 | -26.78% |
| Sep 30, 2025 | 28.52% |
| Sep 30, 2025 | 28.52% |
| Sep 30, 2025 | 28.52% |
| Jun 30, 2025 | 21.54% |
| Jun 30, 2025 | 21.54% |
| Jun 30, 2025 | 21.54% |
| Mar 31, 2025 | 27.62% |
| Mar 31, 2025 | 27.62% |
| Mar 31, 2025 | 27.62% |
| Dec 31, 2024 | -76.41% |
| Dec 31, 2024 | -76.41% |